OutrageousEmu said:
AssassinFisH said:
What is the reason for such a huge mark up?
Because they can.
Exactly. It's actually cheaper to buy games in New Zealand bar a fair shot most of the time because not only is the Australian dollar better, but the prices are generally the same or lower to boot. It's just flat out price gouging.
Also, in terms of the cost of living here... it's higher but it's not 100% higher. People labor under this false perception that since a person may make 7 or 8 bucks minimum wage in the States, but makes 16 to 18 here that the bottom line on goods increases at the same rate. That's just bollocks because just like America, Australia imports the vast majority of it's goods from China. In fact, Australian dollars buy
more cheap Chinese shit these days than US dollars do.
The retailers do absorb the higher cost of labor, but it's easy for them to do so when the stuff they are importing gets marked up 10000% on the shelf. In my estimation as someone who lives in both places, I reckon Australians pay probably on average about 20% more for goods, but make significnatly more on the low end of the economic spectrum. It's a good country to live in if you are working class - you can actually live in a nice place and get free health care and a retirement fund.
Full disclosure: I earn (a fair dinkum) amount of money in Australia, so my experience being "Working class" is limited to about 8 months when I first moved here and couldn't work because of visa issues, but my wife's family certainly is and they've all done fairly well. But yes, I don't have much first hand experience with it other than vicariously through my wife's family.